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IMF cuts Kenya's 2025 economic growth forecast

The International Monetary Fund (IMF) has cut Kenya’s economic growth forecast for this year and 2025 by nearly one percentage point, marking the largest downgrade among major regional economies in under a year.

According to the latest projections in its World Economic Outlook (WEO), Kenya's GDP is expected to grow by a 5.0 per cent in both 2024 and 2025.

This revision comes as...